That's the generally accepted definition of a recession. There are of course others.
- Bill Gates going part time at KFC
- Mooring fees being evaded by Roman Abramovich in Monaco
A slump. A downturn. Call it what you like, but it hasn't happened yet. You could be forgiven for thinking these economic collywobbles are a full blown crisis. The media loves a good crisis. Especially one of its own hyping. ITV News is unquestionably the worst for scaremongering. I'm sure the on screen font for " Job Losses" has doubled in size. Either that, or my TV got smaller.So as we talk ourselves into a financial corner, the super rich are enjoying even more affluent times, collecting fine art and dusting their cornflakes with gold leaf. I read that the richest 1,000 people in Britain are collectively worth £412,000,000,000. Four hundred and twelve billion pounds. It kind of underscores the madness in the world don't you think?
